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News & Information

News and Information

April 24, 2019 Barclays shareholders urged to vote against executive pay over 'inadequate' response to whistleblowing scandal

Source: CityAM

Shareholder advisory group ISS criticised the measures taken by the bank following Staley’s attempts to unmask a whistleblower in 2016 and advised shareholders to vote down the remuneration report at the bank’s AGM on 2 May.

April 17, 2019 Goldman Sachs Cuts Employee Pay By 20% To Avoid Profit Loss

Source: IB Times

The world’s largest investment bank reduced employee compensation and benefits by 20 percent to $3.26 billion, outstripping the decline in companywide revenue. The reduction in pay and benefits comes to $90,780 for each of the...

April 12, 2019 'It doesn't look good': Lawmakers grill bank CEOs on lavish pay

Source: Yahoo Finance

Among the large banks, Citigroup has the highest CEO pay ratio when measuring the top executive’s pay to the median employee’s salary. JPMorgan Chase comes in second place with a pay ratio of 381:1. Bank of New York Mellon and...

April 11, 2019 Here’s what Jamie Dimon and other bank CEOs said are the biggest risks to the economy right now

Source: CNBC

The leaders of the biggest U.S. banks have a message for Congress: take a closer look at the ballooning markets for student and corporate loans.

March 29, 2019 Investors should vote against top HSBC executives' pay- PIRC

Source: Reuters

Pensions & Investment Research Consultants (PIRC), which advises pension funds and others on how to vote at companies’ annual general meetings, said HSBC Chief Executive John Flint’s potential bonus amount was...

March 5, 2019 Google pay equity analysis leads to raises for thousands of men

Source: Ars Technica

Google has given raises to thousands of men after an analysis of Google's pay structure found that the company would otherwise be underpaying those men relative to their peers, The New York Times reports. The analysis also led to...

February 25, 2019 Here’s one ranking of the 25 most overpaid CEOs in the S&P 500

Source: MarketWatch

Nonprofit shareholder advocate As You Sow is taking aim at rising CEO pay in a report published Thursday that ranked CEOs in order of most “overpaid,” while pointing out large American fund managers like BlackRock,...

February 22, 2019 Income inequality is rising so fast, data can’t keep up

Source: LA Times

Wages at the top of the U.S. income distribution continue to rise much more rapidly than wages for everyone else, according to an analysis of the latest federal data by the Economic Policy Institute, a progressive think tank.

February 8, 2019 More millennials are demanding these workplace perks

Source: CNBC

The search for better workplace benefits is among the three top reasons why younger employees change jobs, according to new data from LaSalle Network, a recruiting firm.

February 4, 2019 Female Pay Discount Doesn’t Go to the Very Top

Source: CFO

Among smaller S&P 1500 companies, male and female CFOs earn about the same pay (including base salary, annual incentive target, and long-term-incentive grant values), according to an analysis by Willis Towers Watson.

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